NOT LISTED FOR SALE

518 Chestnut Ave Colonial Heights, VA 23834

Colonial Heights Area

Estimated Value: $171,000 - $213,000

2 Beds
1 Bath
864 Sq Ft
$227/Sq Ft Est. Value

Sale Details

Date Sold: August 12, 2022

Last sale price $120,000 $139 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,223 / mo

3 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Front Porch
  • Cottage
  • Thermal Windows
  • Shed

About This Home

As of August 2022

READY FOR RENOVATION AND SWEAT EQUITY - 2-Bedroom, 1-Bath bungalow located just minutes from I-95 and Southpark Mall. If you're a first-time buyer or an investor looking to start a project or add to your real estate portfolio, HERE'S YOUR OPPORTUNITY TO BUILD WEALTH. Fully-renovated homes have recently sold for $170K-$175K. Kitchen comes complete with refrigerator and electric range. Hardwood floors in Living Room, Dining Room and all bedrooms. 30-yr shingles installed in 2019. Vinyl replacement windows. Aluminum siding. Fenced back yard and detached storage shed. Heat pump, gas hot water, central A/C. THIS HOME IS LIVABLE while you do the work to bring your vision to reality. AS-IS, WHERE-IS. 10-day inspection period.

Last Agent to Sell the Property

Jeff Blaha

Real Broker LLC License #0225089358 Listed on: 07/15/2022

Real Broker LLC

Last Buyer's Agent

Becky Partin

Cole Real Estate, Inc. License #0225054275

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,226

Year Built

  • Built in 1952

Lot Details

  • 6,098 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R2

Parking

  • On-Street Parking

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Formal Dining Room
  • Crawl Space
  • Storm Doors
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Stove
  • Laminate Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Front Porch

Schools

  • Tussing Elementary School
  • Colonial Heights Middle School
  • Colonial Heights High School

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 4500-02-00-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,226

Year Built

Built in 1952

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1952
  • Property Attached Yn: No
  • Lot Size Acres: 0.14
  • Ownership: Estate
  • Subdivision Name: None
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Electric Cooking, Gas Water Heater, Refrigerator, Stove, Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Interior Amenities: Separate/Formal Dining Room, Laminate Counters
  • Living Area: 864.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Chain Link, Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Aluminum Siding, Block, Frame
  • Exterior Features: Storage, Shed
  • Patio And Porch Features: Front Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Colonial Heights

Lot Info

  • Parcel Number: 4500-02-00-020
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1226.0
  • Tax Lot: 20

MLS Schools

  • Elementary School: Tussing
  • High School: Colonial Heights

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 10, 2022
Sold by
Bought by
Seller's Agent
Jeff Blaha
Real Broker LLC
Buyer's Agent
Becky Partin
Cole Real Estate, Inc.
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$195,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,956
Avg. Annual Appreciation
13.33%

Purchase Details

Closed on
May 31, 2012
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$120,000 Cheeley Homas P
$50,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $43,379
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $120,000 -4.0% $139 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $125,000 -- $145 / Sq Ft
Source: Central Virginia Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,963 $163,600 $50,000 $113,600
2025 $1,711 $142,600 $48,000 $94,600
2024 $1,711 $142,600 $48,000 $94,600
2023 $1,406 $117,200 $40,000 $77,200
2022 $703 $117,200 $40,000 $77,200
2021 $613 $102,200 $36,000 $66,200
2020 $1,226 $102,200 $36,000 $66,200
2019 $1,127 $93,900 $32,500 $61,400
2018 $1,127 $93,900 $32,500 $61,400
2017 $1,090 $0 $0 $0
2016 $1,035 $90,800 $0 $0
2015 $533 $0 $0 $0
2014 $533 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Blaha

    Seller's Agent in 2022

    Jeff Blaha

    Real Broker LLC

    (804) 731-3490

    44 Total Sales

    Jeff Blaha
    Section Image

  • B

    Buyer's Agent in 2022

    Becky Partin

    Cole Real Estate, Inc.

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2220078

Central Virginia Regional MLS

APN: 45000200020

Virginia Colonial Heights County Colonial Heights 23834

518 Chestnut Ave, Colonial Heights, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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